Sr. AssociateDirector, Loan Resource Group (CRE Debt)
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Job Location:
Dallas, IA - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
ABOUT CIM GROUP:
CIM is a community-focused real estate and infrastructure owner operator lender and developer. Our team of experts works together to identify and create value in real assets benefiting the communities in which we invest. Back in 1994 our three founders focused on projects in Southern California neighborhoods. Today we are a diverse team of 900 employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live work and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering and we strive to make an even greater impact in the years to come. Join us and make an impact today!
POSITION PURPOSE:
Are you motivated by solving complex financial challenges and driving results with analytical precision At CIM Group youll play a key role in shaping the performance and strategy of a national commercial real estate credit portfolio.
We are seeking a proactive detailoriented team member to join our CRE Debt/Loan Resource this role you will manage your own portfolio of loans lead underwriting and ongoing credit analysis and partner closely with teams across investments legal development and servicing. Your work will directly influence decisionmaking and help optimize the value of multifaceted multimilliondollar assets.
If youre ready to take ownership grow your expertise and contribute to a dynamic fastpaced platform we look forward to connecting.
ESSENTIAL FUNCTIONS:
- Oversee review and provide final recommendations on the underwriting and valuation of existing CRE debt investments (mainly office hospitality MF and industrial) by creating 5-10 year cash flow proformas.
- Update fund leadership at monthly meetings to track each asset and ensure loan compliance
- Create and present quarterly asset reports that concisely summarize (a) loan (b) collateral (c) market and (d) sponsor -- risks mitigants and trends.
- Lead cross-functional coordination among various CIM departments including Investments Legal Development Leasing Property Management and Portfolio Oversight to leverage in-house expertise when conducting analysis.
- Provide research-driven recommendations and analysis with respect to lease approvals construction draws rebalancing requirements asset dispositions special servicing and REO decisions.
- Own senior-level sponsor and borrower relationships serving as a primary escalation point and guiding resolution of complex issues.
- Oversee asset-level compliance with loan covenants (i.e. debt yield tests cash flow sweeps extension tests).
- Direct and manage external servicing and construction consultants including review of fund borrower loan advance requests.
- Set expectations and best practices with CIMs internal and external loan servicers to ensure data integrity efficient execution and to maintain strong borrower relationships.
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification licenses etc.)
- Bachelors degree in Finance Accounting Real Estate or other quantitative or related fields preferred
- 5 years professional experience working with an investment firm private equity firm or similar organization focusing on real estate credit and adjacent sectors and/or credit investment experience. CRE Loan Asset/Credit Risk Management experience is a plus.
- Proven ability to operate independently exercise sound judgment and influence senior stakeholders.
- Demonstrated proficiency with Microsoft Office including Outlook Excel PowerPoint and Word.
- Argus experience is a plus.
WHAT CIM OFFERS:
At CIM we believe our success stems from our collective efforts and we are committed to providing well-rounded support and resources for our addition to a competitive compensation plan CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits including:- A variety of Medical dental and vision benefit plans
- Health Savings Account with a generous employer contribution
- Company paid life and disability insurance
- 401(k) savings plan with company match
- Comprehensive paid time off including: vacation days 10 designated holidays sick time and bereavement leave
- Up to 16 hours of volunteer time off
- Up to 16 weeks of Paid Parental Leave
- Ongoing professional development programs
- Wellness program including monthly and quarterly prizes
- And more!
Actual base salary considers several factors including but not limited to geography job-related knowledge experience and budget. The start of the salary range is typically associated with the minimum experience required.
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HOW WE FEEL ABOUT DIVERSITY AND INCLUSION:
At CIM Group we believe that the unique perspectives and backgrounds of our employees enhance everything we do. We are committed to fostering an inclusive environment where diversity is not only respected but celebrated. We strive to ensure that our workplace is free from discrimination and harassment allowing everyone to contribute meaningfully and feel a sense of belonging. As an equal opportunity employer we strictly prohibit any form of unlawful discrimination and adhere to the laws enforced by the EEOC. Our goal is to provide a safe and supportive environment where all employees can grow and make impactful contributions together.
*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group.Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.
CIM is committed to maintaining the confidentiality and privacy of your personal and financial information. Please click here for our Privacy Policy.
CIM does not accept unsolicited resumes from Agencies. Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid. If you wish to become an approved Agency with CIM or any of its Affiliates please contact a member of the CIM Talent Acquisition Team.
Required Experience:
Director
Key Skills
- Business Development
- Information Technology
- Oversight
- Professional Development
- Account Management
- Client Relationships
- Project Management
- Strategic Initiatives
- Ensure Compliance
- Program Development
- KPI
- Product Development
- Direct Reports
- Strategic Development
- Special projects
About Company
CIM Group is an owner, operator, lender and developer of real assets with broad expertise in real estate, infrastructure and credit. Learn More!
